The government published the Investment Atlas of Ukraine, which contains data on the facilities that the government plans to offer to investors, on January 26. The facilities include five airports and a multimodal cargo hub in Bila Tserkva.
This was announced on the government portal, the CFTS portal reports.
The Investment Atlas of Ukraine was prepared with the aim of conveying information about Ukraine’s investment potential and the opportunities for investment in the country in general and each region in particular.
In particular, the government is offering five airports and one cargo hub to investors.
The Lviv airport is owned by the state and controlled by the Ministry of Infrastructure. The areas of investment at the airport are the old terminal, the airport hotel, the cargo terminal, and the aircraft maintenance hangar. The investment project is planned for implementation in the period of 2021-2022.
According to the announcement, a team of international consultants from the international Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the E&Y consulting firm are currently working on a feasibility study.
The government is seeking investment of USD 57.7 million in the Kherson airport over a period of 24 months. The investment project involves construction of a new terminal complex, a customs warehouse, and a cargo warehouse, as well as reconstruction of a number of structures.
The Zaporizhia airport is managed by the municipal enterprise called the Zaporizhia International Airport. The city of Zaporizhia has invested heavily in the airport, including investment in construction of a new terminal, which is expected to be commissioned in the spring.
The Chernivtsi airport is owned by the city of Chernivtsi. The city is seeking investment in reconstruction and expansion of the airport’s runway and taxiways and construction of a new passenger terminal. The amount of investment it is seeking is USD 43-45 million during the course of one year.
The Vinnytsia international airport is owned by the Vinnytsia city council. The government is seeking investment of USD 15-90 million in several areas: modernization of the airport’s runway, reconstruction of its passenger terminal, construction of a multimodal cargo logistics center, and construction of an aircraft maintenance center.
The Bila Tserkva multimodal cargo hub is owned by the city of Bila Tserkva. It is seeking an investor to invest USD 90 million in creation of a multimodal transport center over a period of 1-10 years, attract low-cost passenger airlines to the airport, expand the airport’s cargo handling capacity, and expand its aircraft maintenance capacity.
The Ministry of Infrastructure recently announced that the issue of granting concessions for operation of the Zaporizhia and Lviv airports was still under consideration. “The idea of concessions for the airports of Lviv, Chernivtsi, Kherson, and Zaporizhia is currently being studied by our partners from the IFC. We will develop our next strategy based on their opinion. We are not yet considering the issue of concession for the Boryspil airport,” Deputy Minister of Infrastructure Oleh Yuschenko said.
As the CFTS portal reported earlier, the mayor of Zaporizhia, Volodymyr Buriak, has stated that the city will not allow transfer the airport to a concessionaire. He is counting on the support of the city’s councilors on the issue of possible transfer of the airport to a concessionaire.
